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Evaluating the German Bank Merger Wave

Koetter, Michael - 2016

German banks experienced a merger wave throughout the 1990s. However …

Persistent link: https://www.econbiz.de/10012989318

Accounting for Distress in Bank Mergers

Koetter, Michael - 2016

The inability of most bank merger studies to control for hidden bailouts may …

Persistent link: https://www.econbiz.de/10012989321

Compensation Regulation in Banking : Executive Director Behavior and Bank Performance after the EU Bonus Cap

Colonnello, Stefano; Koetter, Michael; Wagner, Konstantin - 2022

The regulation that caps executives' variable compensation, as part of the Capital Requirements Directive IV of 2013, likely affected executive turnover, compensation design, and risk-taking in EU banking. The current study identifies significantly higher average turnover rates but also finds...

Persistent link: https://www.econbiz.de/10014258702

Bank Bailouts and Competition - Did TARP Distort Competition Among Sound Banks?

Koetter, Michael; Noth, Felix - 2015

This study investigates if the Troubled Asset Relief Program (TARP) distorted price competition in U.S. banking. Political indicators reveal bailout expectations after 2009, manifested as beliefs about the predicted probability of receiving equity support relative to failing during the TARP...

Persistent link: https://www.econbiz.de/10013020652

Accounting for distress in bank mergers

Koetter, Michael; Bos, Jaap W. B.; Heid, Frank; Kool, … - 2005

The inability of most bank merger studies to control for hidden bailouts may lead to biased results. In this study, we …

Persistent link: https://www.econbiz.de/10010295902

Evaluating the German bank merger wave

Koetter, Michael - 2005

German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous … matter of debate. In this paper we suggest a taxonomy as how to evaluate post-merger performance on the basis of cost … CE levels above the average of non-merging banks. Second, banks must exhibit CE changes between merger and evaluation …

Persistent link: https://www.econbiz.de/10010295905

Bank recapitalization, regulatory intervention, and repayment

Kick, Thomas; Koetter, Michael; Poghosyan, Tigran - In: Journal of money, credit and banking : JMCB 48 (2016) 7, pp. 1467-1494

Persistent link: https://www.econbiz.de/10011707931

Firm subsidies, financial intermediation, and bank stability

Kazakov, Aleksandr; Koetter, Michael; Titze, Mirko; … - 2022

We use granular project-level information for the largest regional economic development program in German history to study whether government subsidies to firms affect the quantity and quality of bank lending. We combine the universe of recipient firms under the Improvement of Regional Economic...

Persistent link: https://www.econbiz.de/10013412630

Does it pay to have friends? Social ties and executive appointments in banking

Berger, Allen N.; Kick, Thomas; Koetter, Michael; … - 2011

Social capital theory predicts individuals establish social ties based on homophily, i.e., affinities for similar others. We exploit a unique sample to analyze how similarities and social ties affect career outcomes in banking based on age, education, gender, and employment history to examine if...

Persistent link: https://www.econbiz.de/10010308733

Inefficient or just different? Effects of heterogeneity on bank efficiency scores

Bos, Jaap W. B.; Heid, Frank; Koetter, Michael; Kolari, … - 2005

In this paper, we show the importance of accounting for heterogeneity among sample firms in stochastic frontier analysis. For a fairly homogenous sample of German savings and cooperative banks, we analyze how alternative theoretical assumptions regarding the nature of heterogeneity can be...

Persistent link: https://www.econbiz.de/10010295908